The dynamics between fed cattle marketings and placements are analyzed with their implications for next quarters' beef demand and pricing. Feedlot turnover ratios show that cattle feeders are remaining relatively current on marketings. However, placement data suggests the current supply/demand relationships may be changing substantially.Cattle and beef production is ramping up in the U.S. Meanwhile, India, the world’s largest exporter, is taking regulatory steps to shut down beef production. Record Cattle on Feed USDA released its monthly Cattle on Feed report on 26 May, pegging the total number of cattle and calves on feed as of 1 May at 11.0 million head. That was 2 percent higher than May 2016 and above the pre-report industry estimate...